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20121128
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happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> you simply cannot have it all. there are not many things they can cut out of the tax code to boost the revenue. there are a few big things that do need to be considered. one of them is the mortgage interest deduction that 40 million of you have been claiming each year. don't throw anything at the tv set. i know you like it. it is expensive. it doesn't really get the government or the housing anything all that great. many countries do not have such a thing and they have higher homeownership rates than the u.s. does. canada is one example. 70% homeownership in the u.s. 65% in canada. you have the powerful lobbyists on your side, america, protecting this thing with everything they've got. they may very well succeed in swaying lawmakers to not touch the mortgage interest rate deduction. but you need to know where it came from, who benefits from it and what it costs. so, who better to explain that to us than christine romans? she joins us now. >> it's one of the most expensive. ali, of the tax goodies in th
is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> this is the famous tax pledge we have been talking about created by grover norquist created back when reagan was president. it's not just lower tax rate that matters, it's the return that tax payers get in paying those taxes, what do they get in support, in services? washington has to do a lot to avoid the fiscal cliff
Search Results 0 to 1 of about 2